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(OE) SLB announced the award of an engineering, procurement, construction and installation (EPCI) contract by bp to its OneSubsea joint venture and Subsea7 for the Ginger project offshore Trinidad and Tobago. The Ginger project is the first project award under the global framework agreement between bp and Subsea Integration Alliance partners SLB OneSubsea and Subsea7.... Continue Reading →
(OE) Subsea Integration Alliance, a partnership between Subsea7 and SLB OneSubsea, has secured engineering, procurement, construction, and installation (EPCI) contract by BP for the Ginger project offshore Trinidad and Tobago. For the Ginger EPCI project, Subsea7 will supply a diver-installed tie-in system, a flexible production flowline, and associated infrastructure. SLB OneSubsea will deliver four standardised... Continue Reading →
(OE) Norwegian seismic firm TGS has secured a shallow-water ocean bottom node (OBN) acquisition contract offshore Trinidad. The 3D baseline contract is scheduled to begin in early third quarter of 2025. The total duration of the survey is approximately 80 days. "Our OBN technology continues to be the preferred choice of the industry and exposes... Continue Reading →
(offshore-energy.biz) With the need to ensure energy independence in mind, the government of Trinidad and Tobago has initiated its new bidding round to boost hydrocarbon exploration and production in this Caribbean twin-island country located off the northern edge of the South American mainland. Given the myriad of challenges the world is facing today – from... Continue Reading →
(Reuters) The government of Trinidad and Tobago and Woodside Energy have reached an initial agreement on the commercial terms for developing the company's Calypso deepwater gas discoveries, moving the project one step closer to a final investment decision, according to a Woodside executive and three people with knowledge of the talks. The Caribbean country, Latin... Continue Reading →
(Reuters) - Trinidad and Tobago, the largest producer of liquefied natural gas in Latin America and the Caribbean, is seeing an increase in government revenue from LNG exports by selling cargoes at between 15% and 55% above Henry Hub prices, energy minister Stuart Young said on Monday. The increase follows a contract revamp in late... Continue Reading →
(Reuters) Trinidad and Tobago on Tuesday offered 26 offshore oil and gas blocks in its largest-ever auction of areas for deepwater exploration and production, according to an official notice. The twin-island Caribbean country, Latin America's largest exporter of liquefied natural gas (LNG), is pushing producers, especially those offshore, to accelerate natural gas output in order... Continue Reading →
(offshore-energy.biz) Isle of Man-headquartered oil and gas company Challenger Energy Group (CEG) is making progress in setting the stage to embark on a formal farm-out process later this year for a shallow water exploration block off the coast of Uruguay. As the firm is also expected to make up its mind about assets in Trinidad and... Continue Reading →
(Reuters) Trinidad and Tobago on Tuesday signed a production sharing agreement (PSA) with a unit of British oil and gas producer BP for exploring and producing natural gas at a shallow water block, the energy ministry said. The agreement follows an offshore bidding round launched by the Caribbean country last year, expected to encourage an... Continue Reading →
(Reuters) Trinidad and Tobago selected oil and gas producer Shell as the preferred bidder for a shallow water block, beating out bids from BP and EOG Resources, three people close to the process said. Trinidad and Tobago has in recent years struggled to feed its liquefied natural gas and petrochemical plants as its natural gas... Continue Reading →
Brazil Energy Insight 